Question 1

What is Lululemon Athletica's P/B ratio?

Accepted Answer

Lululemon Athletica (LULU) P/B ratio is 2.7× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for Lululemon Athletica?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For Lululemon Athletica specifically, the relevant sector benchmark is the current sector median of 4.2×.

Question 5

Is Lululemon Athletica's P/B ratio high or low?

Accepted Answer

Lululemon Athletica's P/B ratio of 2.7× is below its own 5-year average of 11.8× and below the sector median of 4.2×. That places the current reading at the 0th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Lululemon Athletica's historical P/B ratio range?

Accepted Answer

In the available daily series, Lululemon Athletica (LULU) P/B ratio has ranged from a low of 2.7× in 2026 to a high of 48.9× in 2007. The 5-year average is 11.8× and the 5-year median is 12.9×.

Question 7

What was Lululemon Athletica's P/B ratio in 2026?

Accepted Answer

Lululemon Athletica (LULU) P/B ratio at the end of 2026 was 4.3×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does Lululemon Athletica's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2026	$21.31B	$4.96B	4.3×	-7.3×	Feb 1, 2026
2025	$49.93B	$4.32B	11.5×	-2.8×	Feb 2, 2025
2024	$60.84B	$4.23B	14.4×	+2.1×	Jan 28, 2024
2023	$38.57B	$3.15B	12.2×	-3.5×	Jan 29, 2023
2022	$43.06B	$2.74B	15.7×	-1.3×	Jan 30, 2022
2021	$43.46B	$2.56B	17.0×	+0.5×	Jan 31, 2021
2020	$32.10B	$1.95B	16.4×	+3.1×	Feb 2, 2020
2019	$19.34B	$1.45B	13.4×	+6.6×	Feb 3, 2019
2018	$10.83B	$1.60B	6.8×	+0.0×	Jan 28, 2018
2017	$9.17B	$1.36B	6.7×	-1.4×	Jan 29, 2017
2016	$8.40B	$1.03B	8.2×	-0.4×	Jan 31, 2016
2015	$9.30B	$1.09B	8.5×	+2.6×	Feb 1, 2015
2014	$6.50B	$1.10B	5.9×	-4.9×	Feb 2, 2014
2013	$9.64B	$887.30M	10.9×	-4.2×	Feb 3, 2013
2012	$9.06B	$601.38M	15.1×	+2.6×	Jan 29, 2012
2011	$4.88B	$390.39M	12.5×	+3.9×	Jan 30, 2011
2010	$2.00B	$233.11M	8.6×	+5.6×	Jan 31, 2010
2009	$464.10M	$154.84M	3.0×	-17.6×	Feb 1, 2009
2008	$2.30B	$112.03M	20.6×	-28.3×	Feb 3, 2008
2007	$1.83B	$37.38M	48.9×	+4.2×	Jan 31, 2007
2006	$1.25B	$28.05M	44.7×	—	Jan 31, 2006


Norwegian Cruise Line (NCLH)	3.5×
V.F. (VFC)	3.5×
Carnival Corporation (CCL)	3.3×
Genuine Parts (GPC)	3.3×
Ball (BALL)	2.8×
PDD Holdings (PDD)	2.3×
GameStop (GME)	2.0×
XPeng (XPEV)	2.0×
Alibaba (BABA)	1.9×
Li Auto (LI)	1.8×
PulteGroup (PHM)	1.7×
Amcor (AMCR)	1.7×
D.R. Horton (DHI)	1.7×
Toll Brothers (TOL)	1.6×
Lucid Group (LCID)	1.5×
Sonoco Products (SON)	1.5×
Leggett & Platt (LEG)	1.3×
International Paper (IP)	1.3×
Lennar (LEN)	1.3×
Weyco Group (WEYS)	1.2×
Ford Motor (F)	1.2×
LKQ (LKQ)	1.2×
Smurfit Westrock (SW)	1.1×
General Motors (GM)	1.1×
Mohawk Industries (MHK)	0.7×

P/B Ratio for Lululemon Athletica (LULU)

P/B Ratio daily chart for Lululemon Athletica (LULU)

Historical P/B Ratio for Lululemon Athletica (LULU) from 2006 to 2026

About P/B Ratio at Lululemon Athletica (LULU)

Lululemon Athletica P/B Ratio by Year

Lululemon Athletica P/B Ratio 2026: 4.3×

Lululemon Athletica P/B Ratio 2025: 11.5×

Lululemon Athletica P/B Ratio 2024: 14.4×

Lululemon Athletica P/B Ratio 2023: 12.2×

Lululemon Athletica P/B Ratio 2022: 15.7×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Lululemon Athletica (LULU) Key Financials

P/B Ratio daily chart for Lululemon Athletica (LULU)

Historical P/B Ratio for Lululemon Athletica (LULU) from 2006 to 2026

About P/B Ratio at Lululemon Athletica (LULU)

Lululemon Athletica P/B Ratio by Year

Lululemon Athletica P/B Ratio 2026: 4.3×

Lululemon Athletica P/B Ratio 2025: 11.5×

Lululemon Athletica P/B Ratio 2024: 14.4×

Lululemon Athletica P/B Ratio 2023: 12.2×

Lululemon Athletica P/B Ratio 2022: 15.7×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Lululemon Athletica's P/B ratio?

+How is the P/B ratio calculated?

+What is the P/B ratio?

+What is a good P/B ratio for Lululemon Athletica?

+Is Lululemon Athletica's P/B ratio high or low?

+What is Lululemon Athletica's historical P/B ratio range?

+What was Lululemon Athletica's P/B ratio in 2026?

+Why does Lululemon Athletica's P/B ratio change over time?

Lululemon Athletica (LULU) Key Financials